Latvia vs Oman: General government final consumption expenditure
General government final consumption expenditure over time
- Latvia
- Oman
How they compare
Oman currently reports 7.53 billion constant LCU against 6.96 billion constant LCU in Latvia, a difference of 572.98 million constant LCU.
That makes Oman's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Latvia ahead.
Latvia ranks 147th and Oman ranks 144th of 175 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Oman in 2.
Head to head by decade
| Decade | Latvia | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.33 billion constant LCU | 2.76 billion constant LCU | 1.57 billion constant LCU | Latvia |
| 2000s | 4.97 billion constant LCU | 3.87 billion constant LCU | 1.11 billion constant LCU | Latvia |
| 2010s | 5.15 billion constant LCU | 7.31 billion constant LCU | 2.16 billion constant LCU | Oman |
| 2020s | 6.38 billion constant LCU | 7.15 billion constant LCU | 769.86 million constant LCU | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Latvia or Oman?
- Oman, at 7.53 billion constant LCU against 6.96 billion constant LCU in Latvia as of 2024.
- What is the difference in general government final consumption expenditure between Latvia and Oman?
- 572.98 million constant LCU, with Oman ahead.
- How many years of comparable data are there for Latvia and Oman?
- 27 years are reported by both, from 1998 to 2024.
- How do Latvia and Oman rank globally for general government final consumption expenditure?
- Latvia ranks 147th and Oman ranks 144th of 175 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.